$LINK Technical Breakout Hints at Sustained Momentum
LINK has broken through critical resistance levels, backed by bullish technical signals:
MACD: Bullish crossover confirmed, with the MACD line (1.62) rising above its signal line (1.3).RSI: At 63.66 (14-day), indicating strong momentum without entering overbought territory.
Price vs. Moving Average: Trading 30% above the 200-day SMA ($15.69), reflecting robust long-term uptrend strength.
What’s next?
A close above the immediate resistance at $24.66 (August 17 high) could trigger a wave of FOMO buying.
If sustained, the next targets lie at $27.16–$30.34, aligned with key Fibonacci extension levels.
🎯 Key level:
A decisive breakout above $24.66 may confirm the start of a larger bullish phase.